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The Youngstown Edison Business Incubator

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341751707 ✦ Youngstown, OH ✦ Designated as a 501(c)(3)

Overview

What is The Youngstown Edison Business Incubator?

The Youngstown Edison Business Incubator is a nonprofit organization situated in Youngstown, Ohio, specifically at 241 Federal Plaza West. Its primary mission is to stimulate business growth, job creation, and contribute to the revitalization of the Mahoning Valley region. They achieve this by offering comprehensive entrepreneurial services and resources in a robust environment that encourages company success, attraction, and retention. By doing so, they aim to cultivate, accelerate, and promote the formation, growth, commercialization, and innovation of technology-based businesses. With a workforce of 24 individuals, they contribute significantly to the local economy.


Official website here: www.ybi.org

Is The Youngstown Edison Business Incubator legitimate?

The Youngstown Edison Business Incubator is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Youngstown Edison Business Incubator submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $139,094
Professional Fundraising Fees: $0
Other Salaries and Wages: $920,408

For more financial information, click here


Official website here: www.ybi.org

What is the mission statement of The Youngstown Edison Business Incubator?

The Youngstown Edison Business Incubator's mission is centered around business development. Its primary objective is to foster, accelerate, and promote the formation, growth, commercialization, and innovation of technology-driven businesses. This is achieved by offering comprehensive and high-quality entrepreneurial services and resources in a robust environment that encourages company success, attraction, and retention. The incubator's ultimate goal is to cultivate a thriving ecosystem that supports the growth of technology-based businesses.


Official website here: www.ybi.org

Who is the CEO of The Youngstown Edison Business Incubator?

James Dascenzo is the Chairperson of The Youngstown Edison Business Incubator. The CEO's salary of The Youngstown Edison Business Incubator is $127,851 and their total compensation is $139,094.


Official website here: www.ybi.org

What is the revenue of The Youngstown Edison Business Incubator?

The Youngstown Edison Business Incubator's revenue in 2022 was $4,125,884.


Official website here: www.ybi.org

Who are the executives of The Youngstown Edison Business Incubator and what are their salaries?

The average compensation at The Youngstown Edison Business Incubator during 2022 was $44,146. There are 24 employees at The Youngstown Edison Business Incubator.

Here are 19 key members and their salaries (The Youngstown Edison Business Incubator's CEO's salary is $127,851 and their total compensation is $139,094):

    Barb Ewing (Ceo)
  • Compensation: $127,851
  • Related: $0
  • Other: $11,243

    • Stephanie Gaffney (Dir.-Adv.Manufacturing Pro)
  • Compensation: $108,745
  • Related: $0
  • Other: $0

    • James Dascenzo (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Morrison (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart A Strasfeld (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Garvey (Executive Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Olivier (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie Deutsch Burdman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Jackson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Chahine (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Reed (Executive Committee Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brien Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Huston (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hasheen Wilson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Wollet (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Barber (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Wilkinson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Crawford (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lena Esmail (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ybi.org

    Where can I find the form 990 for The Youngstown Edison Business Incubator?

    The The Youngstown Edison Business Incubator’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ybi.org

    Learn more at the official website: www.ybi.org

    Mission Statement of The Youngstown Edison Business Incubator

    The Youngstown Edison Business Incubator is dedicated to fostering, accelerating, and promoting the growth of technology-based businesses. This is achieved by providing comprehensive and high-quality entrepreneurial services and resources in a robust environment that encourages company success, attraction, and retention. The incubator's mission is to cultivate, accelerate, and promote the formation, growth, commercialization, and innovation of these technology-driven businesses. By offering a comprehensive suite of entrepreneurial services, The Youngstown Edison Business Incubator aims to create an environment that not only supports the success of these businesses but also attracts and retains them, thereby contributing to the overall growth and development of the business ecosystem.

    Impact

    This information is meant to be a general summary of The Youngstown Edison Business Incubator. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Youngstown Edison Business Incubator plays a crucial role in accelerating business formation, job creation, and the revitalization of the Mahoning Valley. By providing comprehensive, high-quality entrepreneurial services and resources, the Incubator nurtures and promotes the growth, commercialization, and innovation of technology-based businesses. Through its robust environment that fosters company success, attraction, and retention, the Incubator contributes significantly to the economic development and prosperity of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $4,199,945

    • Assets and Liabilities:
  • Total Assets: $14,366,290
  • Total Liabilities: $2,471,960
  • Net Assets: $11,894,330
  • Organization Details

    Founding Year

    1988

    Principal Officer

    James Dascenzo

    Main Address

    241 FEDERAL PLAZA WEST, YOUNGSTOWN, OH, 44503

    NTEE Category

    Code: S30Z - Community improvement

    If you are a representative of The Youngstown Edison Business Incubator and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.